DB:0K6

Stock Analysis Report

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Executive Summary

Graf Industrial Corp. does not have significant operations.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Graf Industrial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 0K6's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-14.8%

0K6

-3.9%

DE Capital Markets

-1.9%

DE Market


1 Year Return

31.4%

0K6

20.8%

DE Capital Markets

8.1%

DE Market

Return vs Industry: 0K6 exceeded the German Capital Markets industry which returned 20.1% over the past year.

Return vs Market: 0K6 exceeded the German Market which returned 8.3% over the past year.


Shareholder returns

0K6IndustryMarket
7 Day-14.8%-3.9%-1.9%
30 Day-43.6%-5.7%-0.2%
90 Day23.7%11.8%12.8%
1 Year31.4%31.4%22.1%20.8%10.5%8.1%
3 Yearn/a-0.7%-4.9%3.2%-5.0%
5 Yearn/a-29.0%-38.7%11.9%-3.2%

Price Volatility Vs. Market

How volatile is Graf Industrial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Graf Industrial undervalued compared to its fair value and its price relative to the market?

73.98x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 0K6's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 0K6's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 0K6 is unprofitable, so we can't compare its PE Ratio to the DE Capital Markets industry average.

PE vs Market: 0K6 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 0K6's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 0K6 is overvalued based on its PB Ratio (74x) compared to the DE Capital Markets industry average (1.7x).


Next Steps

Future Growth

How is Graf Industrial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.4%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Graf Industrial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Graf Industrial performed over the past 5 years?

-656.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 0K6 is currently unprofitable.

Growing Profit Margin: 0K6 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if 0K6's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare 0K6's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 0K6 is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (29.2%).


Return on Equity

High ROE: 0K6 has a negative Return on Equity (-255.03%), as it is currently unprofitable.


Next Steps

Financial Health

How is Graf Industrial's financial position?


Financial Position Analysis

Short Term Liabilities: 0K6's short term assets ($659.5K) do not cover its short term liabilities ($676.8K).

Long Term Liabilities: 0K6's short term assets ($659.5K) do not cover its long term liabilities ($243.8M).


Debt to Equity History and Analysis

Debt Level: 0K6 is debt free.

Reducing Debt: 0K6 has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 0K6 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 0K6 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 93.5% each year


Next Steps

Dividend

What is Graf Industrial current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 0K6's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 0K6's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 0K6's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 0K6's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 0K6's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average board tenure


CEO

Jim Graf (55 yo)

2.17yrs

Tenure

Mr. James A. Graf, also known as Jim, has been the Chief Executive Officer at Graf Industrial Corp. since June 2018 and served as Director since June 2018 until October 17, 2019. He serves as Co-Founder an ...


Board Members

NamePositionTenureCompensationOwnership
Michael Dee
President1.83yrsno data0.16%
$ 584.7k
Keith Abell
Independent Director1.83yrsno datano data
Julie Levenson
Independent Director0.83yrno data0.059%
$ 210.4k
Kevin Starke
Director1.83yrsno datano data
Sabrina McKee
Independent Director1.83yrsno data0.082%
$ 292.3k

1.8yrs

Average Tenure

62yo

Average Age

Experienced Board: 0K6's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Graf Industrial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Graf Industrial Corp.
  • Ticker: 0K6
  • Exchange: DB
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$419.276m
  • Listing Market Cap: US$356.217m
  • Shares outstanding: 30.47m
  • Website: https://www.grafacq.com

Location

  • Graf Industrial Corp.
  • 118 Vintage Park Boulevard
  • Suite W-222
  • Houston
  • Texas
  • 77070
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GRAF.UNYSE (New York Stock Exchange)UnitsUSUSDOct 2018
GRAFNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 2018
0K6DB (Deutsche Boerse AG)YesCommon StockDEEUROct 2018

Biography

Graf Industrial Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 21:29
End of Day Share Price2020/08/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.